Siemens wins $2.2 billion Belgian train order

LONDON (MarketWatch) — Siemens said Thursday that its mobility division has won an order for trains worth more than 1.4 billion euros ($2.2 billion) from Belgian rail operator the SNCB. The order is for 305 multiple-unit trains and is the biggest order Siemens has ever received in the rolling stock sector. The first trains will be manufactured at a plant in Germany beginning in the summer of 2009, with delivery scheduled from 2011 through 2016.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by Forextvblog

This entry was posted on Thursday, May 15th, 2008 at 5:39 am and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.